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What is Yield Management? Yield management is a pricing and revenuemanagement strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenuemanagement is the focal point for hotels in today’s climate.
On your booking engine, showcase your different rate plans like breakfast included, early-bird, or extended-stay discounts so that travelers can choose the plan that best fits their needs. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.
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